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Kuwait's Oil Wealth Fund Looks To Be Entirely ESG Compliant

Kuwait Investment Authority, the sovereign wealth fund of one of OPEC's largest producers, aims to ultimately make its portfolio 100-percent compliant with environmental, social, and governance (ESG) principles, the fund's managing director Ghanem Al-Ghunaiman told Bloomberg. "The process is ongoing with the KIA currently transitioning toward 100% ESG compliance for the entire portfolio while currently focusing on the E part of ESG," Ghanem Al-Ghunaiman told Bloomberg News.

Kuwait Investment Authority (KIA) is the world's first-ever sovereign wealth…

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